ESR 11.1% 0.5¢ estrella resources limited

So we can likely expect a CR, probably at 0.005 given recent...

  1. 40 Posts.
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    So we can likely expect a CR, probably at 0.005 given recent VWAP with likely two or five for one options. I always like to hear others thought on options and the seal price ie if they say options at 0.01 is that worse than .008 cents, or better in your experience? As to the number they issue per share, that too is worth comment I'd like to hear.

    I would assume if a company posts options with a high price they either expect to reach it, set it as a just in case, or use it so they disappear off the register without being called and dilute the shares.

    If they set options only a few pips higher than current share price ie in this instance 0.009 for example, could that be construed that they have no chance of hitting that price in the period on offer?

    Please let me know your experiences
 
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